With out knowing your actual cash position, it is tough to tell.

I was planning to do cash-out, but there are several factors coming together that is making that a less attractive option (higher interest rate, longer seasoning).

A 12-month lease means stable cash flow, fewer turnovers, and minimal involvement, especially if you use a property manager.

Hey Jimmy, sounds like a solid project with good cash flow potential.

I think my personal guideline will be 10 properties, or $2k in cash flow a month.

It only makes sense if you don't have any money to invest and need cash to build your portfolio.Yes, it would make sense if you find the right house at the right price and do everything correctly to make good money - but probabilistically what are the chances you will do everything right in your first deal and will make money.

If they’re so hard pressed to preserve cash, why is the retreat in Puerto Rico?

Awesome to have you.. what's your threshold for acceptable cash flow on your early investments?

They are empty (sorta) and the new owners (inheritance)need to cash out or create cash flow. 

I want to be able to do a cash deal to get a lower price and avoid all the cost that go along with a lot loan, fees, points, etc.